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According to the IMF, the country's per capita GDP (PPP) was at $53,059 (2024). [6] [27] Due to a volatile currency exchange rate, Japan's nominal GDP as measured in American dollars fluctuates sharply. Being a founding member of the G7 and an early member of the OECD, Japan was the first country in Asia to achieve developed country status.
The UN projects that Japan's population decline will accelerate to about −0.7% per year in the 2040–2045 time period. [20] This means that for Japan's GDP to grow during that period, per capita GDP growth must be greater than 0.7% per year.
Countries by real GDP growth rate in 2024 (IMF WEO database 2024) This article includes lists of countries and dependent territories sorted by their real gross domestic product growth rate; the rate of growth of the total value of all final goods and services produced within a state in a given year compared with the previous year.
Japan's economy grew at a 0.1% annual pace in the last quarter of the year, just barely avoiding two consecutive quarters of contraction, or a technical recession. It expanded at a 1.8% annual ...
The growth projection was raised to 3.2% for fiscal 2022 from a forecast 2.2% real GDP growth seen at a mid-year review in July, helped by a record extra stimulus budget approved by parliament ...
The rate of GNI per capita growth in annual percentage according to the World Bank for last available year is shown in below table. [1] These values of GNI per capita growth are corrected for inflation, but not adjusted for purchasing power parity.
Japan's government slashed its economic growth forecast for this year largely due to weaker exports, in a sign the protracted U.S.-China trade war is taking a bigger toll on the world's third ...
From antiquity until the beginning of the Industrial Revolution, the global population grew very slowly, at about 0.04% per year. After about 1800, the growth rate accelerated to a peak of 2.1% annually during the 1962–1968 period, but since then, due to the worldwide collapse of the total fertility rate, it has slowed to 0.9% as of 2023. [2]